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Siris Capital Sells Intralinks To SS&C

Affiliates of Siris Capital Group have sold portfolio company Intralinks to SS&C Technologies Holdings, Inc. for $1.5 billion. The purchase price will consist of $1 billion in cash and $500 million in SS&C stock, with the per share price of the stock based on the volume weighted average trading price for 30 trading days prior to closing. SS&C and Frank Baker, Siris' co-founder and managing partner, expect that Mr. Baker will join the SS&C Board of Directors following the closing on a mutually-agreed date. "Intralinks brings a wealth of expertise and a leadership position in the data sharing and collaboration technology space," said Bill Stone, Chairman and Chief...